Oil and Gas Rotary Rig Counts

July 15th, 2019|Comments Off on Oil and Gas Rotary Rig Counts

The total number of operating rigs in the U.S. the week as of July 12th was 784 oil and 172 gas (totaling 956). In percentage terms, on a month on month, (m/m) basis, oil rigs [...]

Advanced Durable Goods Orders

July 11th, 2019|Comments Off on Advanced Durable Goods Orders

The U.S. Census Bureau reported that; new orders for durable goods orders decreased by 1.3% month on month, (m/m) in May, following the 2.8% decrease in April. The always-volatile nondefense aircraft orders, decreasing 28.2% m/m [...]

U.S. Steel Capacity Utilization

June 24th, 2019|Comments Off on U.S. Steel Capacity Utilization

The total tonnage for the week ending June 22nd was 1,873 million tons, (Mt) at a capacity utilization rate of 80.5%, the twenty-third consecutive week where the utilization rate is over 80%. For the first [...]

Oil and Gas Rotary Rig Counts

June 21st, 2019|Comments Off on Oil and Gas Rotary Rig Counts

Active U.S. rigs declined by 1.6% MoM and down 8.1%YoY per Baker Hughes. The total number of operating rigs in the U.S. the week as of June 21st was 967 with 789 oil rigs and [...]

Advanced Durable Goods Orders

June 16th, 2019|Comments Off on Advanced Durable Goods Orders

The U.S. Census Bureau reported new orders for durable goods orders declined 2.1% month on month, (m/m) in April. The slowdown was driven by exports and a buildup of inventories. Orders for non-defense capital goods [...]

Employment by Industry

June 12th, 2019|Comments Off on Employment by Industry

Figure 1 shows manufacturing and construction employment on the same chart from 2005 to present. Both manufacturing and construction employment are showing growth, construction is growing at a faster rate on a percentage basis. Legislation [...]

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